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Weekly Demolition Reports

Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 27, 2021

Firm prices continued to prevail in the ship recycling market, primarily owed to the lack of available tonnage

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GMS Week 28 – 600 APPROACHES!

Sub-continent markets continue to fire on during the summer / monsoon months, as firmer steel plate prices and an increasing lack of available tonnage has invariably pushed

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Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 26, 2021

Sub-continent market pricing continued its healthy course offering mid and high 500/LDT for the right ships

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GMS Week 27 – DOUBLE TROUBLE!

Far from the traditionally expected slowdown during the monsoon / summer months

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Best Oasis Weekly Recycling Market Report, 02 July 2021

The end buyers in subcontinent are showing a decent appetite for available tonnage

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Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 25, 2021

The market continued to impress for another week with numbers even better than those of 2008

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Best Oasis Weekly Recycling Market Report, 25 June 2021

The subcontinent recycling sector remains stable amid mixed sentiments in the global steel market

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Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 24, 2021

Ship recycling market again is moving up, the steel price remained firm

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GMS Week 25 – BUDGETS PASS!

All fiscal budgets in the Indian sub-continent markets have been announced in the past month or so, without any duties / taxes being levied on their respective domestic ship recycling sectors, and this has left all areas positively positioned moving into the summer / monsoon months. Of late, a marginal slowdown in the flow of fresh tonnage has given the sub-continent markets a bit of a breather, to regain their appetite and momentum ahead of a renewed push, at ever increasing and impressive numbers. Levels well into the USD 500s/LDT ...

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Best Oasis Weekly Recycling Market Report, 18 June 2021

The subcontinent market is stable with good buying interest from Pakistan and Bangladesh

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Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 23, 2021

Ship recycling market had stabilized with very small changes with the most notable one was that Pakistan started to take the first place in market

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GMS Week 24 – BACKING THE BUDGETS!

With budgets due in both Bangladesh and Pakistan this week, it has been somewhat of a tentative period for both markets, with much of the recent momentum stalled whilst rates and sentiments have been declining (in Chattogram in particular). We certainly do not expect there to be any dramatic outcome in either budget that would negatively affect current prices. However, as usual at this time of the year, End Buyers would rather play it safe & avoid any unwarranted surprises and would rather have ships delivered before the budget is ...

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Best Oasis Weekly Recycling Market Report, 11 June 2021

The demolition prices have taken a hit due to volatility in global steel prices

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Athenian Shipbrokers S.A. DEMOLITION QUICK UPDATE Week 22, 2021

The previous week the sub-cont market kept a steady pace in pricing

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GMS Week 23 – COOL SUMMER?

A greater degree of caution seems to have entered the market this week, both on the Cash and End Buyers sides, as some of the more bullish offerings seen over the past few months begin to gradually subside. Forward steel prices seem to suggest a decline over the summer / monsoon months and along with upcoming budgets in both Bangladesh and Pakistan, this is sure to put a damper on some of the overzealous numbers seen recently. On the far end, Turkey remains steady, however, with a weakening Lira, there ...

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